Evolus Correlations
| EOLS Stock | USD 9.27 0.06 0.65% |
The current 90-days correlation between Evolus Inc and Dave Busters Entertainment is 0.35 (i.e., Weak diversification). The correlation of Evolus is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.
Evolus Correlation With Market
Very weak diversification
The correlation between Evolus Inc and DJI is 0.56 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Evolus Inc and DJI in the same portfolio, assuming nothing else is changed.
Moving together with Evolus Stock
Moving against Evolus Stock
| 0.58 | GRFS | Grifols SA ADR | PairCorr |
| 0.54 | AMRN | Amarin PLC | PairCorr |
| 0.41 | MIRA | MIRA Pharmaceuticals, | PairCorr |
| 0.31 | NVS | Novartis AG ADR | PairCorr |
| 0.67 | FINN | First National | PairCorr |
| 0.61 | KLAC | KLA Tencor | PairCorr |
| 0.61 | SEAL-PA | Seapeak LLC | PairCorr |
| 0.55 | WOK | WORK Medical Technology | PairCorr |
| 0.52 | FLYW | Flywire Corp | PairCorr |
| 0.49 | STT | State Street Corp | PairCorr |
| 0.49 | AMKR | Amkor Technology | PairCorr |
| 0.43 | CTBB | Qwest Corp NT | PairCorr |
| 0.43 | ACA | Arcosa Inc | PairCorr |
| 0.41 | CTDD | Qwest Corp 6 | PairCorr |
| 0.35 | HYMTF | Hyundai Motor | PairCorr |
| 0.35 | CIB | Bancolombia SA ADR | PairCorr |
Related Correlations Analysis
| 0.41 | 0.29 | 0.53 | 0.56 | 0.39 | 0.46 | GFF | ||
| 0.41 | 0.27 | 0.97 | 0.96 | 0.81 | 0.06 | CPNG | ||
| 0.29 | 0.27 | 0.23 | 0.4 | 0.51 | 0.49 | BCE | ||
| 0.53 | 0.97 | 0.23 | 0.95 | 0.8 | 0.08 | PRIM | ||
| 0.56 | 0.96 | 0.4 | 0.95 | 0.89 | 0.24 | EMR | ||
| 0.39 | 0.81 | 0.51 | 0.8 | 0.89 | 0.18 | PLAY | ||
| 0.46 | 0.06 | 0.49 | 0.08 | 0.24 | 0.18 | CHX | ||
| Click cells to compare fundamentals | Check Volatility | Backtest Portfolio |
Risk-Adjusted Indicators
There is a big difference between Evolus Stock performing well and Evolus Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Evolus' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| GFF | 1.85 | 0.03 | 0.02 | 0.12 | 2.32 | 4.44 | 15.07 | |||
| CPNG | 1.54 | 0.40 | 0.20 | 0.47 | 1.62 | 3.64 | 14.48 | |||
| BCE | 1.27 | 0.02 | (0.04) | (0.78) | 1.77 | 2.19 | 9.37 | |||
| PRIM | 2.19 | 0.51 | 0.18 | 0.53 | 2.40 | 4.03 | 15.38 | |||
| EMR | 1.58 | 0.26 | 0.10 | 0.29 | 2.33 | 3.49 | 15.41 | |||
| PLAY | 3.32 | 1.01 | 0.31 | 1.05 | 2.41 | 9.24 | 22.33 | |||
| CHX | 1.96 | (0.30) | 0.00 | (0.10) | 0.00 | 3.92 | 20.29 |
Evolus Corporate Management
| Jessica Novak | Senior Resources | Profile | |
| Tomoko YamagishiDressler | Chief Officer | Profile | |
| CCFP DipSportMed | Chief RD | Profile | |
| David Erickson | VP Relations | Profile |